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NDX THOUGHTS


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#1 Mr Dev

Mr Dev

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Posted 06 November 2007 - 10:36 AM

For those that have that faith in the NAS or NDX's ability to go higher not matter what..

let me point out that there are enough charts that show ...it has its own internal problems that have not yet

been allowed to show in the price of the index.

Warning,. as swift price drops are usually a result of such internal weaknesses.

It needs..... more money injected..... to pull itself up.

As mentioned before,...this is a reoccurring technical phenomenon which will again result

in another divergence if any NEW highs are to be seen anytime soon.

Which in turn tells me to expect this area in the price index or lower to be seen again after any FEEL good news or injections.

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best ;)

Edited by Mr Dev, 06 November 2007 - 10:41 AM.


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Mr Dev

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